Media coverage about Key Energy Services (NYSE:KEG) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Key Energy Services earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 44.2357165400599 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Key Energy Services from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Seaport Global Securities raised Key Energy Services from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 20th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $17.67.
Key Energy Services (KEG) traded down $1.33 during midday trading on Friday, hitting $13.84. The stock had a trading volume of 78,353 shares, compared to its average volume of 142,173. Key Energy Services has a 52-week low of $8.20 and a 52-week high of $34.85.
Key Energy Services (NYSE:KEG) last released its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported ($1.56) EPS for the quarter, missing the consensus estimate of ($1.31) by ($0.25). The company had revenue of $110.65 million during the quarter, compared to the consensus estimate of $111.85 million. equities research analysts anticipate that Key Energy Services will post -6.72 EPS for the current year.
In related news, SVP Katherine Hargis sold 6,092 shares of the stock in a transaction on Monday, January 8th. The stock was sold at an average price of $15.00, for a total transaction of $91,380.00. Following the sale, the senior vice president now directly owns 37,381 shares of the company’s stock, valued at $560,715. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Scott D. Vogel acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were acquired at an average cost of $9.00 per share, for a total transaction of $225,000.00. The disclosure for this purchase can be found here. Insiders have sold 13,888 shares of company stock worth $199,245 over the last ninety days. 3.96% of the stock is currently owned by insiders.
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Key Energy Services Company Profile
Key Energy Services, Inc is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International.
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